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The global switch mode power supply transformers market grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A switch mode power supply (SMPS) transformer refers to an electronic power supply unit that incorporates a switching regulator in order to provide the required output voltage using rectifiers, choppers, transformers, input filters and control circuits. SMPS transformers run at high frequency, step up and down voltages and provide isolation between input and output sources. As they also enable minimal energy dissipation and assist in the efficient utilization of power, they are widely utilized in commercial and industrial electronics products worldwide. Presently, the leading players are introducing SMPS transformers with multiple secondary windings that produce different voltage outputs.
A significant rise in the sales of consumer electronics, such as adapters, smartphones, refrigerators and personal computers (PCs), represents one of the major factors impelling the market growth. These transformers are lightweight and compact and reduce the overall size, noise and weight while improving efficiency. Consequently, they are gaining traction in medical devices, railway systems, communication devices and commercial power supplies. Moreover, due to flexible power conversion and reduced shipping costs, the application of SMPS transformers is increasing in industrial control systems and machine tools worldwide. Apart from this, the growing automotive industry that utilizes SMPS in portable car chargers is also contributing to the market growth. Furthermore, with the growing environmental concerns, the key players are focusing on the development of eco-friendly product variants. Other factors, such as the rising trend of miniaturized electronics components and the emergence of the Internet of Things (IoT), are anticipated to influence the market positively.
IMARC Group provides an analysis of the key trends in each sub-segment of the global switch mode power supply transformers market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type and application.
Breakup by Type:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being APX Technologies Inc., Coil Winding Specialist Inc., Hang Tung Electronic Technology Co. Ltd., Infineon Technologies AG, Premier Magnetics Inc., Prisource Electronics Co. Ltd., Pulse Electronics (Yageo Corporation), Sumida Corporation, Tamura Corporation, TDK Electronics AG (TDK Corporation) and West Coast Magnetics.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||APX Technologies Inc., Coil Winding Specialist Inc., Hang Tung Electronic Technology Co. Ltd., Infineon Technologies AG, Premier Magnetics Inc., Prisource Electronics Co. Ltd., Pulse Electronics (Yageo Corporation), Sumida Corporation, Tamura Corporation, TDK Electronics AG (TDK Corporation) and West Coast Magnetics|
|Customization Scope||10% Free Customization|
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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